ADABTC
ADA_BTC Quartal analysisADA_BTC Quartal analysis
In February's rise to Bitcoin, Cardano can be seen breaking through several support levels. However, during the quarter, all these levels were the basis for trend consolidation. It is important to note that monthly Bitcoin corrections to Tether have little effect on the pair in question.
Cardano's rise to Tether looks impressive too.
I expect 20% growth up to ATH by ADA_BTC in May.
Expect Cardano (ADA) 71% Growth 🔊I expect approximately 71% growth for Cardano (ADA) from here. This analysis is made by multi type analysis based on combining Classic Pattern and Fibonacci.
This idea is not included with a time analysis but as I used 4H and 8H time frame we should expect a maximum period of one or two month to come true.
You can find full details on the chart but I wanted to talk to you about two points:
I gave you two stop-losses, I came up with the smaller one using a 3H time frame so it's a little bit risky for an 8H time frame take profit, But it'll cost you less loss if the market goes down.
I used the bigger stop-loss for my self as I see it less risky because I found it in 8H time frame. But it will be a bigger loss if it is hit!
For now I put the take profit point around 1 Fib extension level but when the price came around that I may change it for higher levels of 1.272 or 1.618 Fib extension due to price action happening then. Don't worry I will update this idea as we reached that point so you can decide better folks!
What is your point of view or analysis on NEO/ BTC in short-term, I like you to share it in the comment section for me, so we can share our knowledge together.
And, As always, feel free to ask any question about this chart in comment section, I will happily answer you :)
If you like this idea, hitting like button, sharing it to the ones who will find it useful and giving me comment will give me a lot of motivation :)
$ADA/BTC gonna get sent$ADA is another big market cap coin looking at a bright future price wise.
Right now at the 0.236 fibline looking very strong.
Even though ADA has been in uptrend for some time already, (it basically bottomed in 2019) my opinion is that the uptrend has a far share to go.
Once again I am not betting on a DOGE like pump, although possible with all that Ethiopia hype, I' am prepared for a longer term uptrend with high targets which will make the strong hands very happy indeed.
Cardano/Bitcoin & Cardano/Ethereum ratios!!! This it's bullishIn this special analysis, I want to talking about the Cardano ratios agains Bitcoin and Ethereum. R emember, Cardano it's my favorite cryptocurrency and that it's the best cryptocurrency that i consider. Forthat, if you're interesting to read about Cardano, I invite you to read the linkg to related ideas about What it's Cardano? The Blockchain of Third Generation. And also, I share some of my special analysis but not all, or that, I crate a lot special analysis for you to take knowledge about cryptocurrency, but if you click one of this link, remain that I put more analysis into this link to relate idea that it's might to arrived on it.
Now, talking about Cardano, in Cardano/Bitcoin ratio it's still bullish by long term. For that, my suggerence it's continue hold Cardano + accumulating more Cardano coins in this bull rally. Remember, Cardano it''s a competitor with Ethereum. For that, in my Twitter and trading view, I said that I decide to sell all my cryptocurrency for Cardano and take a lot Cardano in my power. to earn more in this ratios whether in Bitcoin or Ethereum. and remember, Cardano it's growing up fast than others crytpcourrency, in except with XRP, XRP have the same balance that it's growing up fast too. But, I interesting in Cardano as my first altcoin to accumulate and the best cryptocurrency that have a strong team, ecosystem an imparable blockchain technolog that pretend to resolve all issues in the world in all facet in the ourselfs. For that, I see by long term that ADA/BTC continue up. Now, one thing that I do not mentioned it's that there's another cryptoucrrency that it's growing up again, it's Dogecoin, and also, in Simple FX you can now to fund your trading account with DOGE, for that, I will interesting iirst to have a good quantity in Dogecoin and hope that Dogecoin up the price, right now, Doge up more faster than Cardano, and that, will be a good exit plan to re-accumulate more Cardano. Now, if you see the Cardano/Ethereum ratio, we have the same, and much than Bitcoin ratio compared. We have that ADA/ETH it's growing up fast too, and well, I like more the chart of Cardano/Ethereum ratio.
But guys, if you're interesting to accumulate Cardano and how to sell Cardano in this bull rally, I have a stragegy using this ratios together with Cardano Dominance, Bitcoin or Ethereum and then, the market cap, both information could to support you to invest and have an smart and exit plan in Cardano and cryptocurrency.
Guys, if you like it, you can to share this ananlysis with others cryptocurrency trader and cryptoenthusiastick to know my perspective in Cardano. And well, I will going more late to analyze this par in Daily or weekly together with others crytpto to have an perspective of investment how the Bitcoin up or down and how the altcoins up or down to know this inormation. I should to make a multitiframe analysis of LINK/BTC, LINK/ETH, ADA/ETH, ADA/BTC, etc,,
Cardano consolidated for long enough to explode higher!Not much to say here. The listing on Coinbase is a big plus, for a coin many people talk about and is ready to move higher. All support levels have been retested, we had a big drop that took everyone out and now it is getting ready to move much higher. The setup is just beautiful.
Cardano (ADA) - May 1Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ADAUSD 1W chart)
We have to see if we can get support at 1.31605953 and continue the uptrend.
(1D chart)
You should watch for any movement that deviates from the 1.22749797-1.51439437 section.
In particular, we have to see if we can get support at 1.31605953 and rise above 1.37094617.
If it falls from 0.94060159 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the 0.84429438 point and climb.
If you go up to 1.51439437-1.58611846, it is expected to determine the next direction.
Therefore, careful trading is necessary.
-------------------------------------
(ADABTC 1W chart)
(1D chart)
It remains to be seen if it can rise along the uptrend line and rise to the 2521 Satoshi-2662 Satoshi section.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Cardano (ADA) looks to go long Wave 3I''m starting to see a market-wide trend. We are getting prepped for a solid wave 3 through-out the altcoin market and Cardano is no different. After doing 10 or so charts in the last few days, there seems to be a common denominator, wave 3. But in this case, we will talk Cardano (ADA).
Cardano made some headlines earlier this year after it became the 3rd ranked cryptocurrency by market cap. This didn't last but a few days as the first wave of volatility had cryptocurrencies bouncing around like pinballs. This always seems to be the case as the first macro wave of the season settles in.
Elliot wave analysis: Unfortunately, newer investors rarely get to reap the benefits of early waves like wave 2 and 3. This is partly because we never know when wave 1 is formed until we see wave 2 completed. To put it simply, wave 1 will be made of a 5-wave structure, and Wave 2 will be a 3 wave (ABC) correction. This is a good area to go long. We can assume a wave 3 target of 1.5-1.618 the size of wave 1 using the fibonacci tool. In the case of Cardano, we have a little bit different structure taking place in the form of a triangle correction. In my eyes it looks like a contracting or sym. triangle correction. This type of triangle forms with decreasing volume, which has been labeled orange. No worries though, this is yet another way elliot waves can form and its good to study them. We are still looking like we are ready for macro wave 3. I use the word macro a lot when explaining elliot waves because I want to see people looking big picture, and then breaking down those waves into smaller sub-waves. It's a vicious cycle.
Short-term: watch closely for the beginning of wave 3 to take shape, slowly inclining price action.
Mid-term: If wave 3 takes shape, the assumed target would be in the .00004700-.00004800 range. (1.618)
Long -term: If you go long here, Take profits at previous high and at 1.618, or wait for confirmation of breakout above previous high and then go long.
All my opinion. Not financial advice.
Hoskinson doesn't seem to be letting up on being a contender.
Elliott Wave Analysis: XLMBTC + ADABTC With Corrective PatternsHello Crypto traders!
Today we will talk about XXX/BTC cross pairs in the Crypto market as we see interesting developments.
In the previous articles we shared ETHBTC cross pair and BTC.Dominance chart which we potentially see them approaching key and strong target levels.
In this article we want to show you another two examples of XLMBTC + ADABTC and why BTC may start dominating soon.
Well, if we take a look on XLMBTC, we can see mostly sideways price action and corrective wave structure since January and more and more looks like a bearish triangle formation, which is a corrective and continuation pattern that can send the price back to 0.0000035 lows, while it's beneath 0.000013 invalidation level.
Even ADABTC has a corrective wave structure since March. Just like XLMBTC, it can be also finishing an a-b-c correction, it's just different type of a correction called flag pattern, so here as well we can expect another reversal down back below 0.00001750 previous lows, while it's beneath 0.000032 invalidation level.
All that being said, be aware of a return of BTC.Dominance that can cause even more downside pressure for XXX/BTC cross pairs soon.
If you like what we do, then please like and share our idea!
Be humble and trade smart!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
ADA ,can we see big move soon ?ADA / USDT
Cardano in the consolidation for more than 2 months
The strong resistance is begin tested 3 times before , Now we can see bulls try for the 4th time to break it
I expect big move soon after breaking long consolidation range 📈
Weekly candle closure can help us for more confirmations
Share your opinions & asks below